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"Near Monies" Are

question 213

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"Near monies" are:


Definitions:

Creditor

An individual, institution, or entity that lends money or extends credit, expecting to be repaid.

Lien

A claim against specific property to satisfy a debt.

Mortgage Insurance

Insurance that compensates a lender for losses due to a borrower’s default on a mortgage loan.

Debtor

An individual or organization that owes money to another party, typically as a result of being lent a sum of money or extended credit.

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